Factory insurance ITC ?

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Dear sir/madam,
can I avail factory insurance tax credit?
Replies (7)
Dear Mehul

yes you can avail factory insurance input tax credit

for gst related queries you can contact me at sthayin @ gmail
@ CA Dhruva kalamanji ,Dear sir, For Example

Case 1: Mr Poorna Jain having a business turnover rupees 1 crore 50 lacs she is in under tax audit ,so (1 crore fifty lakh 8%=12,00,000 ...can a Poorna Jain shows is income Rs 12 lakh it is correct or not???? ( Cash received transactions)..



case number 2: again poorna Jain have rupees 5 lakh for bank transaction and digital transaction, does poorna Jain shows is income at 6%???


8 % for Cash transaction


6% for Digitally and bank transaction..



sir please tell me this is correct or not
Hi MPR Sanjay

Please write me at sthayin @ gmail for specific question.

prima facie you understanding is correct
What's your mail id
Sthayin @ gmail
Ok sir I will mail now plse help me
Yes you can avail


CCI Pro

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